<SUBMISSION>
<ACCESSION-NUMBER>0001193125-03-036321
<TYPE>10-Q
<PUBLIC-DOCUMENT-COUNT>5
<PERIOD>20030630
<FILING-DATE>20030814
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>OCEANFIRST FINANCIAL CORP
<CIK>0001004702
<ASSIGNED-SIC>6035
<IRS-NUMBER>223412577
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>10-Q
<ACT>34
<FILE-NUMBER>001-11713
<FILM-NUMBER>03842857
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>975 HOOPER AVE
<CITY>TOMS RIVER
<STATE>NJ
<ZIP>08753-8396
<PHONE>7322404500
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>975 HOOPER AVENUE
<CITY>TOMS RIVER
<STATE>NJ
<ZIP>08723
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>OCEAN FINANCIAL CORP
<DATE-CHANGED>19951208
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>10-Q
<SEQUENCE>1
<FILENAME>d10q.htm
<DESCRIPTION>FORM 10-Q
<TEXT>
<HTML><HEAD>
<TITLE>Form 10-Q</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF"> <hr size="4" width="100%" noshade color=black> <p align="center"><font size="5" face="Times New Roman"><b>UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION<br> </b></font> <font size="3"><b>WASHINGTON, DC
20549</b></font></p> <p align="center"> <font size="5" face="Times New Roman"><b>FORM 10-Q</b></font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td width="5%" valign="top"> <p align="center"> <font size="3" face="Wingdings">x</font></p> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="91%" valign="bottom"> <p> <font size="3" face="Times New Roman"><b>QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</b></font></p> </td> </tr>
<tr>
<td valign="top"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman"><b>For the quarterly period ended June 30, 2003</b></font></p> </td> </tr>
<tr>
<td colspan="3" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p align="center"> <font size="3" face="Wingdings">o</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="3" face="Times New Roman"><b>TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</b></font></p> </td> </tr>
<tr>
<td valign="top"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="2" face="Times New Roman"><b>For the transition period from __________ to __________</b></font></p> </td> </tr>
<tr>
<td colspan="3" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td colspan="3" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman"><b>Commission file number 0-27428</b></font></p> </td> </tr>
<tr>
<td colspan="3" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td colspan="3" valign="bottom"> <p align="center"> <font size="6" face="Times New Roman"><b>OceanFirst Financial Corp.</b></font></p> </td> </tr>
<tr>
<td colspan="3" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td> </tr>
<tr>
<td colspan="3" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>(Exact name of registrant as specified in its charter)</b></font></p> </td> </tr> </table> <BR>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td width="49%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman"><b>Delaware</b></font></p> </td>
<td width="1%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="49%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman"><b>22-3412577</b></font></p> </td> </tr>
<tr>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td> </tr>
<tr>
<td valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>(State of other jurisdiction of<br> incorporation or organization)</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>(I.R.S. Employer Identification No.)</b></font></p> </td> </tr>
<tr>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p align="center"><font size="2" face="Times New Roman"><b>975 Hooper Avenue, Toms River, NJ</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"> <font size="2" face="Times New Roman"><b>08754-2009</b></font></p> </td> </tr>
<tr>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td> </tr>
<tr>
<td valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>(Address of principal executive offices)</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>(Zip Code)</b></font></p> </td> </tr>
<tr>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td colspan="3" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman"><b>Registrant&#146;s telephone number, including area code:</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>(732)240-4500</b></font></p>
</td> </tr>
<tr>
<td colspan="3" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td colspan="3" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td> </tr>
<tr>
<td colspan="3" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>(Former name, former address and formal fiscal year, if changed since last report)</b></font></p> </td> </tr> </table> <p> <font size="2"
face="Times New Roman">Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="13%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman">YES&nbsp;&nbsp;</font> <font size="2" face="Wingdings">x</font></p> </td>
<td width="6%" valign="top"> <p> <font size="2" face="Times New Roman">NO&nbsp;&nbsp;</font> <font size="2" face="Wingdings">o</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">Indicate by check mark whether the registrant is
an accelerated filer (as defined in Rule 12b-2 of the Exchange Act).</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="13%">
<tr>
<td width="7%" valign="top"> <p> <font size="2" face="Times New Roman">YES&nbsp;&nbsp;</font> <font size="2" face="Wingdings">x</font></p> </td>
<td width="6%" valign="top"> <p> <font size="2" face="Times New Roman">NO&nbsp;&nbsp;</font> <font size="2" face="Wingdings">o</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">As of August 8, 2003, there were 13,613,398
shares of the Registrant&#146;s Common Stock, par value $.01 per share, outstanding.</font></p> <hr size="4" width="100%" noshade color=black>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<a name="toc"></a> <p align="center"> <font size="2" face="Times New Roman"><b>OceanFirst Financial Corp.</b></font></p> <p align="center"> <font size="2" face="Times New Roman">INDEX TO FORM 10-Q</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td width="8%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="86%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="4%" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>PAGE</b></font></p> </td> </tr>
<tr>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td> </tr>
<tr>
<td valign="bottom"> <p><font size="2" face="Times New Roman"><u>PART I.</u></font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman"><u>FINANCIAL INFORMATION</u></font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">Item 1.</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">Consolidated Financial Statements (Unaudited)</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">
<a href="#toc89606_1">Consolidated Statements of Financial Condition as of June 30, 2003 and December 31, 2002</a></font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">
<a href="#toc89606_2">Consolidated Statements of Income for the three and six months ended June 30, 2003 and 2002</a></font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">2</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">
<a href="#toc89606_3">Consolidated Statements of Changes in Stockholders&#146; Equity for the six months ended June 30, 2003 and 2002</a></font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">3</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">
<a href="#toc89606_4">Consolidated Statements of Cash Flows for the six months ended June 30, 2003 and 2002</a></font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">4</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">
<a href="#toc89606_5">Notes to Unaudited Consolidated Financial Statements</a></font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">6</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p><font size="2" face="Times New Roman">Item 2.</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">
<a href="#toc89606_6">Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations</a></font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">8</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">Item 3.</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">
<a href="#toc89606_7">Quantitative and Qualitative Disclosure about Market Risk</a></font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">13</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">Item 4.</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">
<a href="#toc89606_8">Controls and Procedures</a></font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">13</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="2" face="Times New Roman"><u>Part II</u>.</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman"><u>
<a href="#toc89606_9">OTHER INFORMATION</a></u></font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">Item 1.</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">
<a href="#toc89606_10">Legal Proceedings</a></font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">15</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">Item 2.</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">
<a href="#toc89606_11">Changes in Securities</a></font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">15</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">Item 3.</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">
<a href="#toc89606_12">Default Upon Senior Securities</a></font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">15</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">Item 4.</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">
<a href="#toc89606_13">Submission of Matters to a Vote of Security Holders</a></font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">15</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">Item 5.</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">
<a href="#toc89606_14">Other Information</a></font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">15</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">Item 6.</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">
<a href="#toc89606_15">Exhibits and Reports on Form 8-K</a></font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">15</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td colspan="2" valign="bottom"> <p> <font size="2" face="Times New Roman">
<a href="#toc89606_16">Signatures</a></font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">16</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td colspan="2" valign="bottom"> <p> <font size="2" face="Times New Roman">Exhibits</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">17</font></p> </td> </tr> </table>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER"> <p align="center"><font size="2" face="Times New Roman"><b>OceanFirst Financial Corp.<br>
<a name="toc89606_1"></a>Consolidated Statements of Financial Condition<br> </b>(dollars in thousands, except per share amounts)</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>June 30,<br> 2003</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>December 31,<br> 2002</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="72%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="10%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="10%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>(Unaudited)</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman"><b><u>ASSETS</u></b></font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Cash and due from banks</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">42,009</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">17,192</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Investment securities available for sale</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">78,306</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">91,978</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Federal Home Loan Bank of New York stock, at cost</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">19,050</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">18,700</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Mortgage-backed securities available for sale</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">132,699</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">138,657</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Loans receivable, net</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,334,586</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,335,898</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Mortgage loans held for sale</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">79,681</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">66,626</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Interest and dividends receivable</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">6,605</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">6,378</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Real estate owned, net</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">141</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Premises and equipment, net</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">17,153</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">17,708</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Servicing asset</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">6,171</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">7,907</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Bank Owned Life Insurance</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">33,198</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">32,398</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Other assets</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">11,378</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">10,115</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">Total assets</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,760,836</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,743,698</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman"><b><u>LIABILITIES AND STOCKHOLDERS&#146; EQUITY</u></b></font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Deposits</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,170,531</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,184,836</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Securities sold under agreements to repurchase with retail customers</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">53,143</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">44,584</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Securities sold under agreements to repurchase with the Federal Home Loan Bank</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">115,000</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">140,000</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Federal Home Loan Bank advances</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">266,000</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">214,000</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Advances by borrowers for taxes and insurance</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">7,266</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">5,952</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Other liabilities</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">14,107</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">19,021</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Total liabilities</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,626,047</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,608,393</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Stockholders&#146; equity:</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Preferred stock, $.01 par value, 5,000,000 shares authorized, no shares issued</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Common stock, $.01 par value, 55,000,000 shares authorized, 27,177,372 shares issued and 13,614,900 and 13,757,880 shares outstanding at June
30, 2003 and December 31, 2002, respectively</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">272</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">272</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Additional paid-in capital</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">187,308</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">184,934</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Retained earnings</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">146,430</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">142,224</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Accumulated other comprehensive loss</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(4,142</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(3,201</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Less: Unallocated common stock held by Employee Stock Ownership Plan (ESOP)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(10,579</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(11,248</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:7em; text-indent:-1em"> <font size="2" face="Times New Roman">Treasury stock, 13,562,472 and 13,419,492 shares at June 30, 2003 and December 31, 2002, respectively</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(184,500</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(177,676</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:7em; text-indent:-1em"><font size="2" face="Times New Roman">Total stockholders&#146; equity</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">134,789</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">135,305</font></p> </td>
<td valign="bottom" > <p><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:7em; text-indent:-1em"> <font size="2" face="Times New Roman">Total liabilities and stockholders&#146; equity</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,760,836</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,743,698</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">See accompanying Notes to Unaudited Consolidated Financial Statements.</font></p> <p align="center">
<font size="2" face="Times New Roman">1</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER"> <p align="center"> <font size="2" face="Times New Roman"><b>OceanFirst Financial Corp.<br>
<a name="toc89606_2"></a>Consolidated Statements of Income<br></b>(in thousands, except per share amounts)</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>For the three months<br> ended June 30,</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>For the six months<br> ended June 30,</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>2003</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>2002</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>2003</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>2002</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="54%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="8%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="8%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="8%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="8%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>(Unaudited)</b></font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>(Unaudited)</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Interest income:</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Loans</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">22,153</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">23,374</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">44,899</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">47,230</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Mortgage-backed securities</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,386</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">2,607</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">2,822</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">5,705</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Investment securities and other</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">774</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">888</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">2,021</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">2,348</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Total interest income</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">24,313</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">26,869</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">49,742</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">55,283</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Interest expense:</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Deposits</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">4,438</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">7,258</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">9,672</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">14,642</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Borrowed funds</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">4,974</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">4,948</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">9,782</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">10,310</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Total interest expense</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">9,412</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">12,206</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">19,454</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">24,952</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Net interest income</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">14,901</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">14,663</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">30,288</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">30,331</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Provision for loan losses</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">250</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">375</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">625</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">875</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">Net interest income after provision for loan losses</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">14,651</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">14,288</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">29,663</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">29,456</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Other income:</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Loan servicing loss</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(1,497</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(85</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(2,688</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(44</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Fees and service charges</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">2,041</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,556</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">3,866</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">2,993</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Net gain on sales of loans and securities available for sale</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">2,898</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,114</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">5,402</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,508</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Net (loss) income from other real estate operations</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(2</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">55</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">109</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">74</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Other</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">387</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">466</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">818</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,000</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Total other income</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">3,827</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">3,106</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">7,507</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">5,531</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Operating expenses:</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Compensation and employee benefits</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">5,028</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">4,997</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">10,120</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">10,259</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Occupancy</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">875</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">798</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,811</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,590</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Equipment</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">585</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">575</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,176</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,118</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Marketing</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">548</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">433</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">969</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">857</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Federal deposit insurance</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">140</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">124</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">233</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">250</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Data processing</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">817</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">726</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,532</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,313</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">General and administrative</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">2,822</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">2,157</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">5,589</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">4,301</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">Total operating expenses</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">10,815</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">9,810</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">21,430</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">19,688</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">Income before provision for income taxes</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">7,663</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">7,584</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">15,740</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">15,299</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Provision for income taxes</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">2,716</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">2,448</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">5,544</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">5,114</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Net income</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">4,947</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">5,136</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">10,196</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">10,185</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Basic earnings per share</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">0.40</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">0.40</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">0.82</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">0.78</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Diluted earnings per share</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">0.38</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">0.37</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">0.78</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">0.73</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Average basic shares outstanding</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">12,420</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">12,960</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">12,431</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">13,049</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Average diluted shares outstanding</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">13,075</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">13,904</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">13,080</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">13,900</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">See accompanying Notes to Unaudited Consolidated Financial Statements.</font></p> <p align="center">
<font size="2" face="Times New Roman">2</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER"> <p align="center"> <font size="2" face="Times New Roman"><b>OceanFirst Financial Corp.<br>
<a name="toc89606_3"></a>Consolidated Statements of<br> Changes </b><b>in Stockholders&#146; Equity </b>(Unaudited)<br> (in thousands, except per share amounts)</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Common<br> Stock</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Additional<br> Paid-In<br> Capital</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Retained<br> Earnings</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Accumulated<br> Other<br> Comprehensive<br> Loss</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Employee<br> Stock<br> Ownership<br> Plan</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Unearned<br> Incentive<br> Awards</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Treasury<br> Stock</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Total</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="26%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="7%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="7%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="7%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="7%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="7%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="7%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="7%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="7%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Balance at December 31, 2001</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">272</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">181,780</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">131,655</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(824</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(12,663</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(161</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(153,330</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">146,729</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Comprehensive income:</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Net income</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">10,185</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">10,185</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Other comprehensive loss:</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">Unrealized loss on securities (net of tax benefit $112)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(192</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(192</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Total comprehensive income</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">9,993</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Earned Incentive Awards</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">161</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">161</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Tax benefit of stock plans</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">558</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">558</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Purchase 542,350 shares of common stock</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(11,005</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(11,005</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Allocation of ESOP stock</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">708</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">708</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">ESOP adjustment</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">950</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">950</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Cash dividend - $.33 per share</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(4,383</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(4,383</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Exercise of stock options</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(136</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#150;&#150;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#150;&#150;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">737</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">601</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Balance at June 30, 2002</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">272</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">183,288</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">137,321</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(1,016</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(11,955</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(163,598</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">144,312</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Balance at December 31, 2002</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">272</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">184,934</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">142,224</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(3,201</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(11,248</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(177,676</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">135,305</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Comprehensive income:</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Net income</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">10,196</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">10,196</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Other comprehensive loss:</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Unrealized loss on securities (net of tax benefit $640)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(941</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(941</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Total comprehensive income</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">9,255</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Tax benefit of stock plans</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,280</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,280</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Purchase 510,152 shares of common stock</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(11,368</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(11,368</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Allocation of ESOP stock</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">669</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">669</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">ESOP adjustment</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,094</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,094</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Cash dividend - $.38 per share</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(4,736</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(4,736</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Exercise of stock options</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(1,254</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#150;&#150;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#150;&#150;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">4,544</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">3,290</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Balance at June 30, 2003</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">272</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">187,308</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">146,430</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(4,142</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(10,579</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(184,500</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">134,789</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p><font size="2" face="Times New Roman">See accompanying notes to Unaudited Consolidated Financial Statements.</font></p> <p align="center"> <font
size="2" face="Times New Roman">3</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER"> <p align="center"> <font size="2" face="Times New Roman"><b>OceanFirst Financial Corp.<br>
<a name="toc89606_4"></a>Consolidated Statements of Cash Flows<br> </b>(dollars in thousands)</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>For the six months<br> ended June 30,</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>2003</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>2002</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="76%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="8%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="8%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>(Unaudited)</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Cash flows from operating activities:</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Net income</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">10,196</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">10,185</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Adjustments to reconcile net income to net cash (used in) provided by operating activities:</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Depreciation and amortization of premises and equipment</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,068</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">972</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">Amortization of Incentive Awards</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">161</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Amortization of ESOP</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">669</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">708</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">ESOP adjustment</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,094</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">950</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">Amortization and impairment of servicing asset</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">3,873</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,105</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Amortization of intangible assets</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">53</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">53</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Net premium amortization in excess of discount accretion on securities</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">470</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">699</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">Net accretion of deferred fees and discounts on loans</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(399</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(46</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Provision for loan losses</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">625</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">875</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Net gain on sales of real estate owned</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(114</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(80</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">Net gain on sales of loans and securities</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(5,402</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(1,508</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Proceeds from sales of mortgage loans held for sale</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">316,632</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">250,147</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Mortgage loans originated for sale</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(326,743</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(228,682</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">Increase in value of Bank Owned Life Insurance</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(800</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(974</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Increase in interest and dividends receivable</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(227</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(671</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Increase in other assets</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(677</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(1,920</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">Decrease in other liabilities</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(3,634</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(3,100</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:7em; text-indent:-1em"> <font size="2" face="Times New Roman">Total adjustments</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(13,512</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">18,689</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:7em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:7em; text-indent:-1em"> <font size="2" face="Times New Roman">Net cash (used in) provided by operating activities</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(3,316</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">28,874</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:7em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Cash flows from investing activities:</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Net decrease (increase) in loans receivable</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,086</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(14,821</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Proceeds from sale of investment securities available for sale</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,273</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Purchase of investment securities available for sale</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(2,330</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(600</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Purchase of mortgage-backed securities available for sale</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(70,581</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Proceeds from maturities of investment securities available for sale</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">14,171</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Principal payments on mortgage-backed securities available for sale</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">75,368</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">55,588</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">(Increase) decrease in Federal Home Loan Bank of New York stock</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(350</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">3,445</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Proceeds from sales of real estate owned</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">255</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">301</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Purchases of premises and equipment</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(513</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(2,240</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:7em; text-indent:-1em"> <font size="2" face="Times New Roman">Net cash provided by investing activities</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">18,379</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">41,673</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:7em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">4</font></p> <p align=right> <font size="2" face="Times New Roman">Continued</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER"> <p align="center"> <font size="2" face="Times New Roman"><b>OceanFirst Financial Corp.<br> Consolidated Statements of Cash Flows&#160; (Continued)<br> </b>(dollars in thousands)</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>For the six months<br> ended June 30,</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>2003</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>2002</b></font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="76%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="8%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="8%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>(Unaudited)</b></font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Cash flows from financing activities:</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">(Decrease) increase in deposits</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(14,305</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">53,012</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Increase (decrease) in short-term borrowings</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">15,559</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(75,615</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Proceeds from Federal Home Loan Bank advances</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">24,000</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">25,000</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Repayments of Federal Home Loan Bank advances</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(4,000</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(43,000</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Increase in advances by borrowers for taxes and insurance</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,314</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">273</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Exercise of stock options</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">3,290</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">601</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Dividends paid</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(4,736</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(4,383</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Purchase of treasury stock</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(11,368</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(11,005</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">Net cash provided by (used in) financing activities</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">9,754</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(55,117</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Net increase in cash and due from banks</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">24,817</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">15,430</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Cash and due from banks at beginning of period</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">17,192</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">16,876</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Cash and due from banks at end of period</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">42,009</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">32,306</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Supplemental Disclosure of Cash Flow Information:</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Cash paid during the period for:</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">Interest</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">19,301</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">24,942</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Income taxes</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">7,904</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">2,803</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Noncash investing activities:</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">Transfer of loans receivable to real estate owned</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">565</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Mortgage loans securitized into mortgage-backed securities</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">37,216</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">90,028</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p><font size="2" face="Times New Roman">See accompanying notes to unaudited consolidated financial statements.</font></p> <p align="center"> <font
size="2" face="Times New Roman">5</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER"> <p align="center"> <font size="2" face="Times New Roman"><b>OceanFirst Financial Corp.</b></font></p> <p align="center">
<a name="toc89606_5"></a> <font size="2" face="Times New Roman"><b><u>NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS</u></b></font></p> <p> <font size="2" face="Times New Roman"><b><u>Note 1. Summary of Significant Accounting
Policies</u></b></font></p> <p> <font size="2" face="Times New Roman">The accompanying unaudited consolidated financial statements include the accounts of OceanFirst Financial Corp. (the &#147;Company&#148;) and its wholly-owned subsidiary,
OceanFirst Bank (the &#147;Bank&#148;) and its wholly-owned subsidiaries, Columbia Equities, Ltd., OceanFirst REIT Holdings, Inc., OceanFirst Realty Corp. and OceanFirst Services, LLC.&#160; </font></p> <p> <font size="2" face="Times New Roman">The
interim consolidated financial statements reflect all normal and recurring adjustments which are, in the opinion of management, considered necessary for a fair presentation of the financial condition and results of operations for the periods
presented.&#160; The results of operations for the three and six months ended June 30, 2003 are not necessarily indicative of the results of operations that may be expected for all of 2003.</font></p> <p> <font size="2"
face="Times New Roman">Certain information and note disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted, pursuant to the rules and regulations of
the Securities and Exchange Commission.</font></p> <p> <font size="2" face="Times New Roman">These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto
included in the Company&#146;s Annual Report to Stockholders on Form 10-K for the year ended December 31, 2002.</font></p> <p> <font size="2" face="Times New Roman"><b><u>Stock Based Compensation</u></b></font></p> <p> <font size="2"
face="Times New Roman">The Company accounts for stock-based compensation using the intrinsic value method under Accounting Principles Board No. 25 and accordingly has recognized no compensation expense under this method.&#160; Statement of Financial
Accounting Standards No. 123, Accounting for Stock-based Compensation as amended by Statement of Financial Accounting Standards No. 148, Accounting for Stock-based Compensation-Transition and Disclosure, permits the use of the intrinsic value
method; however, requires the Company to disclose the pro forma net income and earnings per share as if the stock-based compensation had been accounted for using the fair value method.&#160; Had the compensation costs for the Company&#146;s stock
option plan been determined based on the fair value method, the Company&#146;s net income and earnings per share would have been reduced to the pro forma amounts indicated below (in thousands except per share data):</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Three months ended<br> June 30,</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Six months ended<br> June 30,</b></font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>2003</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>2002</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>2003</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>2002</b></font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="58%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="7%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="7%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="7%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="7%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Net income &#150; as reported</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">4,947</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">5,136</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">10,196</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">10,185</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Stock-based employee compensation expense included in reported net income, all relating to earned incentive awards, net of related tax
effects</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">105</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Total stock-based employee compensation expense determined under the fair value based method, including earned incentive awards and stock option
grants, net of related tax effects</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(105</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(115</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(198</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(314</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Net stock-based employee compensation expense not included in reported net income, all relating to stock option grants, net of related tax
effects</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(105</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(115</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(198</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(209</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Net income &#150; pro forma</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">4,842</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">5,021</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">9,998</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">9,976</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Basic earnings per share:</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">As reported</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">.40</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">.40</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">.82</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">.78</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Pro forma</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">.39</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">.39</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">.80</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">.76</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Diluted earnings per share:</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">As reported</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">.38</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">.37</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">.78</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">.73</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Pro forma</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">.37</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">.36</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">.76</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">.72</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">6</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER"> <p> <font size="2" face="Times New Roman"><b><u>Earnings per Share</u></b></font></p> <p> <font size="2" face="Times New Roman">The following reconciles shares outstanding for basic and diluted earnings per share for
the three and six months ended June 30, 2003 and 2002 (in thousands):</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="95%">
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>Three months ended<br> June 30,</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Six months ended<br> June 30,</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>2003</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>2002</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>2003</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>2002</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="62%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="6%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="6%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="6%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="6%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Weighted average shares issued net of Treasury shares</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">13,732</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">14,452</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">13,767</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">14,595</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Less: Unallocated ESOP shares</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(1,274</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(1,439</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(1,294</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(1,460</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Unallocated incentive award shares</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(38</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(53</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(42</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(86</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Average basic shares outstanding</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">12,420</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">12,960</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">12,431</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">13,049</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Add: Effect of dilutive securities:</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Stock options</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">625</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">902</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">616</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">781</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Incentive awards</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">30</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">42</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">33</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">70</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Average diluted shares outstanding</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">13,075</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">13,904</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">13,080</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">13,900</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman"><b><u>Comprehensive Income</u></b></font></p> <p> <font size="2" face="Times New Roman">For the three
month periods ended June 30, 2003 and 2002, total comprehensive income, representing net income plus or minus items recorded directly in equity, such as the change in unrealized gains or losses on securities available for sale amounted to $5,234,000
and $7,131,000, respectively.&#160; For the six months ended June 30, 2003 and 2002, total comprehensive income amounted to $9,255,000 and $9,993,000, respectively.&#160; </font></p> <p> <font size="2" face="Times New Roman"><b><u>Impact of Recent
Accounting Pronouncements</u></b></font></p> <p> <font size="2" face="Times New Roman">Statement of Financial Accounting Standards No. 150, &#147;Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity,&#148;
was issued in May 2003.&#160; Statement 150 requires instruments within its scope to be classified as a liability (or, in some cases, as an asset).&#160; Statement 150 is generally effective for financial instruments entered into or modified after
May 31, 2003, and otherwise is effective at the beginning of the first interim period beginning after June 15, 2003 (i.e., July 1, 2003 for calendar year entities).&#160; For financial instruments created before June 1, 2003 and still existing at
the beginning of the interim period of adoption, transition generally should be applied by reporting the cumulative effect of a change in an accounting principle by initially measuring the financial instruments at fair value or other measurement
attributes of the Statement.&#160; The adoption of Statement 150 did not have a significant effect on the Bank&#146;s consolidated financial statements.</font></p> <p><font size="2" face="Times New Roman">Statement of Financial Accounting Standards
No. 149, &#147;Amendment of Statement 133 on Derivative Instruments and Hedging Activities,&#148; was issued on April 30, 2003.&#160; The Statement amends and clarifies accounting for derivative instruments, including certain derivative instruments
embedded in other contracts, and for hedging activities under Statement 133. This Statement is effective for contracts entered into or modified after June 30, 2003.&#160; The adoption of this Statement did not have a significant effect on the
Bank&#146;s consolidated financial statements.</font></p> <p align="center"> <font size="2" face="Times New Roman">7</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER"> <p> <font size="2" face="Times New Roman"><b><u>Note 2. Loans Receivable, Net</u></b></font></p> <p> <font size="2" face="Times New Roman">Loans receivable, net at June 30, 2003 and December 31, 2002 consisted of the
following (in thousands):</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="90%">
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>June 30, 2003</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>December 31, 2002</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="72%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="10%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="12%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Real estate:</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">One- to four-family</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,087,926</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,101,904</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Commercial real estate, multi-family and land</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">156,815</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">142,726</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Construction</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">13,273</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">11,079</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Consumer</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">80,541</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">80,218</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Commercial</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">86,598</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">77,968</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Total loans</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,425,153</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,413,895</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Loans in process</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(3,066</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(3,531</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Deferred origination costs, net</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">2,945</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">2,239</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Unearned discount</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(5</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(5</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Allowance for loan losses</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(10,760</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(10,074</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Total loans, net</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,414,267</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,402,524</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Less: mortgage loans held for sale</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">79,681</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">66,626</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Loans receivable, net</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,334,586</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,335,898</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p><font size="2" face="Times New Roman"><b><u>Note 3. Deposits</u></b></font></p> <p> <font size="2" face="Times New Roman">The major types of
deposits at June 30, 2003 and December 31, 2002 were as follows (in thousands):</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="90%">
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>June 30, 2003</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>December 31, 2002</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="68%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="9%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="12%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman"><u>Type of Account</u></font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Non-interest bearing</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">105,795</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">86,290</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">NOW</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">260,027</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">260,762</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Money market deposit</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">133,583</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">123,960</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Savings</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">257,189</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">234,995</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Time deposits</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">413,937</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">478,829</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,170,531</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,184,836</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p>
<a name="toc89606_6"></a><font size="2" face="Times New Roman"><b>Item 2.&#160; Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations</b></font></p> <p> <font size="2" face="Times New Roman"><b>Critical
Accounting Policies</b></font></p> <p> <font size="2" face="Times New Roman">Note 1 to the Company&#146;s Audited Consolidated Financial Statements for the year ended December 31, 2002 included in the Company&#146;s Annual Report on Form 10-K for
the year ended December 31, 2002, as supplemented by this report, contains a summary of significant accounting policies.&#160; Various elements of these accounting policies, by their nature, are inherently subject to estimation techniques, valuation
assumptions and other subjective assessments.&#160; Certain assets are carried in our consolidated statements of financial condition at fair value or the lower of cost or fair value.&#160; Policies with respect to the methodologies used to determine
the allowance for loan losses, the valuation of Mortgage Servicing Rights and judgments regarding goodwill and securities impairment are the most critical accounting policies because they are important to the presentation of the Company&#146;s
financial condition and results of operations, involve a higher degree of complexity and require management to make difficult and subjective judgments which often require assumptions or estimates about highly uncertain matters.&#160; The use of
different judgments, assumptions and estimates could result in material differences in the results of operations or financial condition.&#160;&#160;&#160; These critical accounting policies and their application are reviewed periodically and, at
least annually, with the Audit Committee of the Board of Directors.</font></p> <p> <font size="2" face="Times New Roman"><b>Analysis of Net Interest Income</b></font></p> <p> <font size="2" face="Times New Roman">Net interest income represents the
difference between income on interest-earning assets and expense on interest-bearing liabilities.&#160; Net interest income also depends upon the relative amounts of interest-earning assets and interest-bearing liabilities and the interest rate
earned or paid on them.</font></p> <p align="center"> <font size="2" face="Times New Roman">8</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER"> <p> <font size="2" face="Times New Roman">The following table sets forth certain information relating to the Company for the three and six months ended June 30, 2003 and 2002.&#160; The yields and costs are derived by
dividing income or expense by the average balance of assets or liabilities, respectively, for the periods shown except where noted otherwise.&#160; Average balances are derived from average daily balances.&#160; The yields and costs include fees
which are considered adjustments to yields.</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="17" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Three Months Ended June 30,</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="17" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="8" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>2003</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="8" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>2002</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="8" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="8" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>AVERAGE<br> BALANCE</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>INTEREST</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>AVERAGE<br> YIELD/<br> COST</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>AVERAGE<br> BALANCE</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>INTEREST</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>AVERAGE<br> YIELD/<br> COST</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="17" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>(Dollars in thousands)</b></font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td width="32%" valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman"><b>Assets</b></font></p> </td>
<td width="2%" valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="8%" valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="8%" valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="8%" valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="8%" valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="8%" valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="8%" valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Interest-earnings assets:</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Interest-earning deposits and short-term investments</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">14,987</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">43</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1.15</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">5,402</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">14</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1.00</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Investment securities</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">87,285</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">478</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">2.19</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">86,435</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">610</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">2.82</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">FHLB stock</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">19,314</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">253</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">5.24</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">20,695</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">264</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">5.10</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Mortgage-backed securities</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">131,389</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,386</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">4.22</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">185,582</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">2,607</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">5.62</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Loans receivable, net (1)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,406,405</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">22,153</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">6.30</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,323,388</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">23,374</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">7.06</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Total interest-earning assets</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,659,380</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">24,313</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">5.86</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,621,502</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">26,869</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">6.63</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Non-interest-earning assets</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">85,370</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">83,142</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Total assets</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,744,750</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,704,644</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman"><b>Liabilities and Stockholders&#146; Equity</b></font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Interest-bearing liabilities:</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Transaction deposits</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">640,137</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,267</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">.79</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">553,590</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">2,233</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1.61</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Time deposits</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">426,176</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">3,171</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">2.98</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">516,433</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">5,025</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">3.89</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">Total</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,066,313</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">4,438</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1.66</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,070,023</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">7,258</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">2.71</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Borrowed funds</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">428,576</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">4,974</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">4.64</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">401,895</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">4,948</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">4.92</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">Total interest-bearing liabilities</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,494,889</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">9,412</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">2.52</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,471,918</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">12,206</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">3.32</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Non-interest-bearing deposits</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">101,328</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">79,080</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Non-interest-bearing liabilities</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">13,817</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">12,193</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">Total liabilities</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,610,034</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,563,191</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Stockholders&#146;equity</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">134,716</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">141,453</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Total liabilities and stockholders&#146; equity</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,744,750</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,704,644</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Net interest income</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">14,901</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">14,663</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Net interest rate spread (2)</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">3.34</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">3.31</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Net interest margin (3)</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">3.59</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">3.62</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <BR>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="17" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Six Months Ended June 30,</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="17" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="8" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>2003</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="8" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>2002</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="8" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="8" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>AVERAGE<br> BALANCE</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>INTEREST</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>AVERAGE<br> YIELD/<br> COST</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>AVERAGE<br> BALANCE</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>INTEREST</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>AVERAGE<br> YIELD/<br> COST</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="17" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>(Dollars in thousands)</b></font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td width="32%" valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman"><b>Assets</b></font></p> </td>
<td width="2%" valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="8%" valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="8%" valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="8%" valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="8%" valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="8%" valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="8%" valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Interest-earnings assets:</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Interest-earning deposits and short-term investments</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">14,388</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">83</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1.15</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">4,010</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">20</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1.00</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Investment securities</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">91,118</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,431</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">3.14</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">86,129</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,806</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">4.19</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">FHLB stock</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">19,212</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">507</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">5.28</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">22,200</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">522</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">4.70</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Mortgage-backed securities</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">126,789</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">2,822</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">4.45</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">199,122</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">5,705</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">5.73</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Loans receivable, net (1)</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,404,249</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">44,899</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">6.39</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,334,417</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">47,230</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">7.08</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Total interest-earning assets</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,655,756</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">49,742</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">6.01</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,645,878</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">55,283</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">6.72</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Non-interest-earning assets</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">83,107</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">82,191</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Total assets</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,738,863</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,728,069</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman"><b>Liabilities and Stockholders&#146; Equity</b></font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Interest-bearing liabilities:</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Transaction deposits</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">635,271</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">2,838</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">.89</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">531,859</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">4,250</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1.60</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Time deposits</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">442,951</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">6,834</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">3.09</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">520,535</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">10,392</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">3.99</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">Total</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,078,222</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">9,672</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1.79</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,052,394</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">14,642</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">2.78</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Borrowed funds</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">414,729</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">9,782</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">4.72</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">443,241</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">10,310</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">4.65</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">Total interest-bearing liabilities</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,492,951</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">19,454</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">2.61</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,495,635</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">24,952</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">3.34</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Non-interest-bearing deposits</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">94,737</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">75,858</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Non-interest-bearing liabilities</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">16,497</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">13,373</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">Total liabilities</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,604,185</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,584,866</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Stockholders&#146;equity</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">134,678</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">143,203</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Total liabilities and stockholders&#146; equity</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,738,863</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,728,069</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Net interest income</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">30,288</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">30,331</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Net interest rate spread (2)</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">3.40</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">3.38</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Net interest margin (3)</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">3.66</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">3.69</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <BR>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td width="3%" valign="top"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p> <font size="2" face="Times New Roman">(1)</font></p> </td>
<td width="94%" valign="top"> <p> <font size="2" face="Times New Roman">Amount is net of deferred loan fees, undisbursed loan funds, discounts and premiums and estimated loss allowances and includes loans held for sale and non-performing
loans.</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">(2)</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">Net interest rate spread represents the difference between the yield on interest-earning assets and the cost of interest-bearing liabilities.</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">(3)</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">Net interest margin represents net interest income divided by average interest-earning assets.</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman"><b>Comparison of
Financial Condition at June 30, 2003 and December 31, 2002</b></font></p> <p> <font size="2" face="Times New Roman">Total assets at June 30, 2003 were $1.761 billion, an increase of $17.1 million, compared to $1.744 billion at December 31,
2002.</font></p> <p align="center"> <font size="2" face="Times New Roman">9</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER"> <p> <font size="2" face="Times New Roman">Loans receivable, net decreased by $1.3 million to a balance of $1.335 billion at June 30, 2003, compared to a balance of&#160;&#160; $1.336 billion at December 31, 2002.
Commercial and commercial real estate loans outstanding increased $22.7 million, while one- to four-family mortgage loans declined, as the Bank actively sold 30-year fixed-rate mortgage loans during the period.&#160; </font></p> <p> <font size="2"
face="Times New Roman">Deposit balances decreased $14.3 million to $1.170 billion at June 30, 2003 from $1.184 billion at December 31, 2002.&#160; Core deposits (all deposits except certificates), a key emphasis for the Company, increased by $50.6
million, as time deposits declined.&#160; </font></p> <p><font size="2" face="Times New Roman">Total borrowings, consisting of securities sold under agreements to repurchase and Federal Home Loan Bank advances, increased $35.6 million to $434.1
million at June 30, 2003, compared to a balance of $398.6 million at December 31, 2002.&#160; Repurchase agreements with retail customers increased $8.6 million as a large commercial deposit relationship transferred their balances to the securities
sold under agreements to repurchase account.&#160; Overnight borrowings increased by $7.0 million and longer-term wholesale borrowings used to fund balance sheet leverage increased by $20.0 million.&#160; </font></p> <p> <font size="2"
face="Times New Roman">Stockholders&#146; equity at June 30, 2003 decreased to $134.8 million, compared to $135.3 million at December 31, 2002. The Company repurchased 510,152 shares of common stock during the six months ended June 30, 2003 at a
total cost of $11.4 million.&#160; Under the 10% repurchase program authorized by the Board of Directors in August 2002, 439,683 shares remain to be purchased as of June 30, 2003.&#160; The cost of the share repurchases was partly offset by proceeds
from stock option exercises and the related tax benefits.</font></p> <p> <font size="2" face="Times New Roman"><b>Comparison of Operating Results for the Three and Six Months Ended June 30, 2003 and June 30, 2002</b></font></p> <p> <font size="2"
face="Times New Roman">General</font></p> <p> <font size="2" face="Times New Roman">Net income amounted to $5.0 million and $10.2 million for the three and six months ended June 30, 2003, respectively, as compared to net income of $5.1 million and
$10.2 million for the three and six months ended June 30, 2002.&#160; Diluted earnings per share increased to $.38 and $.78, respectively,&#160; for the three and six months ended June 30, 2003, as compared to $.37 and $.73, respectively, for the
same prior year periods.&#160; Earnings per share was favorably affected by the Company&#146;s repurchase program, which reduced the number of shares outstanding.&#160;&#160; </font></p> <p> <font size="2" face="Times New Roman">Interest
Income</font></p> <p> <font size="2" face="Times New Roman">Interest income for the three and six months ended June 30, 2003 was $24.3 million and $49.7 million, respectively, compared to $26.9 million and $55.3 million, respectively, for the three
and six months ended June 30, 2002.&#160; The decrease in interest income was due to a decline in the yield on interest-earning assets to 5.86% and 6.01%, respectively, for the three and six months ended June 30, 2003, as compared to 6.63% and
6.72%, respectively, for the same prior year periods.&#160; Despite the decline, which was reflective of the general interest rate environment, the asset yield continued to benefit from the Bank&#146;s loan growth over the past year, which was
partly funded by reductions in the lower-yielding investment and mortgage-backed securities available for sale portfolios.&#160; For both the three and six months ended June 30, 2003 loans receivable represented 84.8% of average interest-earning
assets as compared to 81.6% and 81.1%, respectively, for the same prior year periods.&#160; </font></p> <p><font size="2" face="Times New Roman">Interest Expense</font></p> <p> <font size="2" face="Times New Roman">Interest expense for the three and
six months ended June 30, 2003 was $9.4 million and $19.5 million, respectively, compared to $12.2 million and $25.0 million, respectively, for the three and six months ended June 30, 2002.&#160; The decrease in interest expense was primarily the
result of a decrease in the cost of interest-bearing liabilities to 2.52% and 2.61%, respectively, for the three and six months ended June 30, 2003, as compared to 3.32% and 3.34%, respectively, in the same prior year periods. Funding costs
decreased due to the lower interest rate environment and also due to the Company&#146;s focus on lower-costing core deposit growth. Core deposits (including non-interest-bearing deposits) represented 63.5% and 62.2%, respectively, of average
deposits for the three and six months ended June 30, 2003, as compared to 55.1% and 53.9%, respectively, for the same prior year periods.&#160; </font></p> <p> <font size="2" face="Times New Roman">Provision for Loan Losses</font></p> <p> <font
size="2" face="Times New Roman">For the three and six months ended June 30, 2003, the Company&#146;s provision for loan losses was $250,000 and $625,000, respectively, as compared to $375,000 and $875,000, respectively, for the same prior year
periods.&#160; The provision for the six months ended June 30, 2002 was increased to reflect the charge-off of a large nonperforming commercial loan which was part of a shared national credit.&#160; The Company recognized a net recovery of $62,000
through the allowance for loan losses for the six months ended June 30, 2003.&#160; Additionally, non-performing loans declined to $2.6 million at June 30, 2003 as compared to $3.3 million at June 30, 2002.&#160; </font></p> <p align="center"> <font
size="2" face="Times New Roman">10</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER"> <p> <font size="2" face="Times New Roman">Other Income</font></p> <p> <font size="2" face="Times New Roman">Other income was $3.8 million and $7.5 million, respectively, for the three and six months ended June 30,
2003, compared to $3.1 million and $5.5 million, respectively, for the same prior year periods.&#160; For the three and six months ended June 30, 2003, respectively, the Company recorded a gain of $2.9 million and $5.4 million, respectively, on the
sale of loans and securities, as compared to a gain of $1.1 million and $1.5 million, respectively, in the same prior year periods.&#160; For the six months ended June 30, 2003 the gain on sale of loans and securities includes a gain of $323,000 on
the sale of equity securities.&#160; </font></p> <p><font size="2" face="Times New Roman">Loan servicing loss increased by $1.4 million and $2.6 million, respectively, for the three and six months ended June 30, 2003, as compared to the same prior
year periods due to actual and anticipated prepayments of the loans underlying the servicing portfolio.&#160; Results for the three and six months ended June 30, 2003 include the recognition of an impairment charge on the loan servicing asset for
$1.2 million and $2.2 million, respectively, as compared to an impairment of $144,000 for the six months ended June 30, 2002.</font></p> <p> <font size="2" face="Times New Roman">Fees and service charges increased by $485,000, or 31.2%, and
$873,000, or 29.2%, respectively, for the three and six months ended June 30, 2003, as compared to the same prior year periods due to the growth in commercial account services, retail core account balances and trust fees and the establishment of a
captive insurance subsidiary to recognize fee income from private mortgage insurance.</font></p> <p> <font size="2" face="Times New Roman">Operating Expenses</font></p> <p> <font size="2" face="Times New Roman">Operating expenses were $10.8 million
and $21.4 million, respectively, for the three and six months ended June 30, 2003, as compared to $9.8 million and $19.7 million, respectively, in the same prior year periods.&#160; The increase was principally due to the costs associated with the
opening and operation of the Bank&#146;s seventeenth branch office in May 2002, as well as higher loan-related expenses.&#160; </font></p> <p> <font size="2" face="Times New Roman">Provision for Income Taxes</font></p> <p> <font size="2"
face="Times New Roman">Income tax expense was $2.7 million and $5.5 million, respectively, for the three and six months ended June 30, 2003, compared to $2.4 million and $5.1 million, respectively, for the same prior year periods.&#160; The
effective tax rate increased slightly to 35.4% and 35.2%, respectively, for the three and six months ended June 30, 2003 as compared to 32.3% and 33.4% for the same prior year periods. The Company&#146;s higher average stock price in 2003 as
compared to 2002 increased that portion of the Company&#146;s ESOP expense which is not deductible for tax purposes.</font></p> <p> <font size="2" face="Times New Roman"><b>Liquidity and Capital Resources</b></font></p> <p> <font size="2"
face="Times New Roman">The Company&#146;s primary sources of funds are deposits, principal and interest payments on loans and mortgage-backed securities, proceeds from the sale of loans, Federal Home Loan Bank (&#147;FHLB&#148;) and other borrowings
and, to a lesser extent, investment maturities.&#160; While scheduled amortization of loans is a predictable source of funds, deposit flows and mortgage prepayments are greatly influenced by general interest rates, economic conditions and
competition.&#160; The Company has other sources of liquidity if a need for additional funds arises, including an overnight line of credit and advances from the FHLB.</font></p> <p><font size="2" face="Times New Roman">At June 30, 2003, the Company
had outstanding overnight borrowings from the FHLB of $7.0 million, an increase from no outstanding overnight borrowings at December 31, 2002.&#160; The Company utilizes the overnight line from time to time to fund short-term liquidity needs.&#160;
Securities sold under agreements to repurchase with retail customers increased to $53.1 million at June 30, 2003 from $44.6 million at December 31, 2002 as a large commercial deposit relationship transferred their balances to the securities sold
under agreements to repurchase account.&#160; The Company also had other borrowings of $374.0 million at June 30, 2003, an increase from $354.0 million at December 31, 2002. These borrowings were used to fund a wholesale leverage strategy designed
to improve returns on invested capital.</font></p> <p> <font size="2" face="Times New Roman">The Company&#146;s cash needs for the six months ended June 30, 2003, were primarily satisfied by principal payments on loans and mortgage-backed
securities, increased total borrowings and proceeds from the sale of mortgage loans held for sale. The cash was principally utilized for loan originations, the purchase of mortgage-backed securities, the funding of deposit outflows and the purchase
of treasury stock.&#160; For the six months ended June 30, 2002, the cash needs of the Company were primarily satisfied by principal payments on loans and mortgage-backed securities, increased deposits and proceeds from the sale of mortgage loans
held for sale.&#160; The cash provided was principally used for the origination of loans, a reduction in total borrowings and the purchase of treasury stock. </font></p> <p> <font size="2" face="Times New Roman">In the normal course of business, the
Company routinely enters into various commitments, primarily relating to the origination and sale of loans.&#160; At June 30, 2003, outstanding commitments to originate loans totaled $212.4 million;</font></p> <p align="center"> <font size="2"
face="Times New Roman">11</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER"> <p> <font size="2" face="Times New Roman">outstanding unused lines of credit totaled $98.3 million; and outstanding commitments to sell loans totaled $113.8 million.&#160; The Company expects to have sufficient funds
available to meet current commitments in the normal course of business.</font></p> <p><font size="2" face="Times New Roman">At June 30, 2003, the Bank exceeded all of its regulatory capital requirements with tangible capital of $117.3 million, or
6.7%, of total adjusted assets, which is above the required level of $26.4 million or 1.5%; core capital of $117.3 million or&#160;&#160;&#160; 6.7% of total adjusted assets, which is above the required level of $52.9 million, or 3.0%; and
risk-based capital of $128.0&#160;&#160;&#160;&#160; million, or 11.7% of risk-weighted assets, which is above the required level of $87.9 million or 8.0%.&#160; The Bank is considered a &#147;well-capitalized&#148; institution under the Office of
Thrift Supervision&#146;s prompt corrective action regulations.</font></p> <p> <font size="2" face="Times New Roman"><b>Non-Performing Assets</b></font></p> <p> <font size="2" face="Times New Roman">The following table sets forth information
regarding the Company&#146;s non-performing assets consisting of non-accrual loans and Real Estate Owned (REO).&#160; It is the policy of the Company to cease accruing interest on loans 90 days or more past due or in the process of
foreclosure.</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>June 30,<br> 2003</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>December 31,<br> 2002</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="74%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="2%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="9%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="9%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>(dollars in thousands)</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Non-accrual loans:</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Real estate:</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">One-to four-family</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">2,152</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">2,222</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Commercial real estate, multi-family and land</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">72</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">74</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Consumer</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">95</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">95</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Commercial</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">284</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">297</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Total</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">2,603</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">2,688</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">REO, net</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">141</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Total non-performing assets</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">2,603</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">2,829</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Allowance for loan losses as a percent of total loans receivable</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">.76</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">.71</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Allowance for loan losses as percent of total non-performing loans</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">413.37</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">374.78</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Non-performing loans as a percent of total loans receivable</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">.18</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">.19</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Non-performing assets as a percent of total assets</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">.15</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">.16</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman"><b>Private Securities Litigation Reform Act Safe Harbor Statement</b></font></p> <p> <font size="2"
face="Times New Roman">In addition to historical information, this quarterly report contains certain forward-looking statements which are based on certain assumptions and describe future plans, strategies and expectations of the Company. These
forward-looking statements are generally identified by use of the words &#147;believe,&#148; &#147;expect,&#148; &#147;intend,&#148; &#147;anticipate,&#148; &#147;estimate,&#148; &#147;project,&#148; or similar expressions.&#160; The Company&#146;s
ability to predict results or the actual effect of future plans or strategies is inherently uncertain.&#160; Factors which could have a material adverse effect on the operations of the Company and the subsidiaries include, but are not limited to,
changes in interest rates, general economic conditions, legislative/regulatory changes, monetary and fiscal policies of the U.S. Government, including policies of the U.S. Treasury and the Federal Reserve Board, the quality or composition of the
loan or investment portfolios, demand for loan products, deposit flows, competition, demand for financial services in the Company&#146;s market area and accounting principles and guidelines.&#160; These risks and uncertainties should be considered
in evaluating forward-looking statements and undue reliance should not be placed on statements.&#160; The Company does not undertake- and specifically disclaims any obligation &#150; to publicly release the result of any revisions which may be made
to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.&#160; Further description of the risks and uncertainties to the business are
included in Item 1, BUSINESS of the Company&#146;s 2002 Form 10-K.</font></p> <p align="center"><font size="2" face="Times New Roman">12</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER"> <p>
<a name="toc89606_7"></a> <font size="2" face="Times New Roman"><b>Item 3. Quantitative and Qualitative Disclosure about Market Risk</b></font></p> <p> <font size="2" face="Times New Roman">The Company&#146;s interest rate sensitivity is monitored
by management through the use of an interest rate risk (IRR) model. The following table sets forth the amounts of interest-earning assets and interest-bearing liabilities outstanding at June 30, 2003, which were anticipated by the Company, based
upon certain assumptions, to reprice or mature in each of the future time periods shown.&#160; At June 30, 2003 the Company&#146;s one-year gap was positive 8.29% as compared to positive 10.05% at December 31, 2002.</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman"><b>At June 30, 2003</b></font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>3 Months<br> or Less</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>More than<br> 3 Months to<br> 1 Year</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>More than<br> 1 Year to<br> 3 Years</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>More than<br> 3 Years to<br> 5 Years</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>More than<br> 5 Years</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Total</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="32%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="8%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="8%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="8%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="8%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="8%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="8%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman"><b>(dollars in thousands)</b></font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Interest-earning assets: <sup>(1)</sup></font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Interest-earning deposits and short- term investments</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">3,551</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">3,551</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Investment securities</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">75,322</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,200</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">10,395</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">86,917</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">FHLB stock</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">19,050</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">19,050</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Mortgage-backed securities</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">15,060</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">37,159</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">43,209</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">18,782</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">16,882</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">131,092</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Loans receivable <sup>(2)</sup></font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">282,575</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">273,532</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">459,212</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">268,221</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">138,547</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1,422,087</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"><font size="2" face="Times New Roman">Total interest-earning assets</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">376,508</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">311,891</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">502,421</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">287,003</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">184,874</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,662,697</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Interest-bearing liabilities:</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">Money market deposit accounts</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">6,891</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">18,613</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">37,330</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">70,749</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">133,583</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Savings accounts</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">13,268</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">35,835</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">71,871</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">136,215</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">257,189</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">NOW accounts</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">13,414</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">36,230</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">72,664</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">137,719</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">260,027</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Time deposits</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">115,173</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">156,971</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">97,476</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">27,096</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">17,221</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">413,937</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size="2" face="Times New Roman">FHLB advances</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">51,000</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">40,000</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">98,000</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">57,000</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">20,000</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">266,000</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:3em; text-indent:-1em"> <font size="2" face="Times New Roman">Securities sold under agreements to repurchase</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">53,143</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">10,000</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">45,000</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">40,000</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">20,000</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">168,143</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:3em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:5em; text-indent:-1em"> <font size="2" face="Times New Roman">Total interest-bearing liabilities</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">252,889</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">297,649</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">422,341</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">468,779</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">57,221</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1,498,879</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:5em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Interest sensitivity gap <sup>(3)</sup></font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">123,619</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">14,242</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">80,080</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(181,776</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">127,653</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">163,818</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Cumulative interest sensitivity gap</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">123,619</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">137,861</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">217,941</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">36,165</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">163,818</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">163,818</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">Cumulative interest sensitivity gap as a percent of total interest- earning assets</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">7.43</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">8.29</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">13.11</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">2.18</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">9.85</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">9.85</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <hr size="3" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <BR>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td width="3%" valign="top"> <p> <font size="2" face="Times New Roman">(1)</font></p> </td>
<td width="97%" valign="top"> <p> <font size="2" face="Times New Roman">Interest-earning assets are included in the period in which the balances are expected to be redeployed and/or repriced as a result of anticipated prepayments, scheduled rate
adjustments, and contractual maturities.</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="2" face="Times New Roman">(2)</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">For purposes of the gap analysis, loans receivable includes loans held for sale and non-performing loans gross of the allowance for loan losses, unamortized discounts and deferred loan
fees.</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="2" face="Times New Roman">(3)</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">Interest sensitivity gap represents the difference between interest-earning assets and interest-bearing liabilities.</font></p> </td> </tr> </table> <p> <font size="2"
face="Times New Roman">Additionally, the table below sets forth the Company&#146;s exposure to interest rate risk as measured by the change in net portfolio value (&#147;NPV&#148;) and net interest income under varying rate shocks as of June 30,
2003 and December 31, 2002.&#160; All methods used to measure interest rate sensitivity involve the use of assumptions, which may tend to oversimplify the manner in which actual yields and costs respond to changes in market interest rates.&#160; The
Company&#146;s interest rate sensitivity should be reviewed in conjunction with the financial statements and notes thereto contained in the Company&#146;s Annual Report for the year ended December 31, 2002.</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="14" valign="bottom"> <p align="center"><font size="1" face="Times New Roman"><b>June 30, 2003</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="14" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>December 31, 2002</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="14" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="14" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Net Portfolio Value</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Net Interest Income</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Net Portfolio Value</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Net Interest Income</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="5" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman"><b>Change in<br> Interest Rates<br> in Basis Points<br> (Rate Shock)</b></font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Amount </b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>% Change</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>NPV<br> Ratio</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Amount</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>% Change</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Amount </b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>% Change</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>NPV<br> Ratio</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Amount</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>% Change</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td width="10%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="6%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="6%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="6%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="6%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="6%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="6%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="6%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="6%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="2%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="6%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td width="1%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="6%" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td width="1%" valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman"><b>(dollars in thousands)</b></font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">200</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">151,641</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(6.2</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)%</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">8.8</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">59,071</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">1.9</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">151,546</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">(7.1</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">)%</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">8.9</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">$</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">60,492</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">2.1</font></p> </td>
<td valign="bottom" > <p> <font size="2" face="Times New Roman">%</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">100</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">165,026</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">2.1</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">9.3</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">59,027</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1.8</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">163,725</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">0.4</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">9.4</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">60,234</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">1.7</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr bgcolor="#cceeff">
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Static</font></p> </td>
<td valign="bottom" > <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">161,663</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">9.0</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">57,984</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">163,127</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">9.2</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">59,230</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom" > <p align=right> <font size="2" face="Times New Roman">&#151;&nbsp;&nbsp;</font></p> </td>
<td valign="bottom" > <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">(100)</font></p> </td>
<td valign="bottom"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">150,134</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(7.1</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">8.3</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">55,003</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(5.1</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">150,429</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(7.8</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">8.4</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">56,527</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align=right> <font size="2" face="Times New Roman">(4.6</font></p> </td>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">)</font></p> </td> </tr> </table> <p>
<a name="toc89606_8"></a><font size="2" face="Times New Roman"><b>Item 4. Controls and Procedures</b></font></p> <p> <font size="2" face="Times New Roman"><u>Evaluation of disclosure controls and procedures</u>.&#160; The Company maintains controls
and procedures designed to ensure that information required to be disclosed in the reports that the Company files or submits under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified
in the rules and forms of the Securities and Exchange Commission.&#160; Based upon their evaluation of those controls and procedures performed as of June 30, 2003,</font></p> <p align="center"> <font size="2" face="Times New Roman">13</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER"> <p> <font size="2" face="Times New Roman">the chief executive officer and the principal financial officer of the Company concluded that the Company&#146;s disclosure controls and procedures were adequate.</font></p>
<p> <font size="2" face="Times New Roman"><u>Changes in internal controls.</u>&#160; The Company made no significant changes in its internal controls or in other factors that could significantly affect these controls subsequent to the date of the
evaluation of those controls by the chief executive officer and principal financial officer.</font></p> <p align="center"> <font size="2" face="Times New Roman">14</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER"> <p>
<a name="toc89606_9"></a> <font size="2" face="Times New Roman">PART II. OTHER INFORMATION</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em">
<a name="toc89606_10"></a><font size="2" face="Times New Roman">Item 1.</font></p> </td>
<td colspan="4" valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman"><u>Legal Proceedings</u></font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="4" valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">The Company is not engaged in any legal proceedings of a material nature at the present time.&#160; From time to time, the Company is a party to routine legal proceedings within
the normal course of business.&#160; Such routine legal proceedings in the aggregate are believed by management to be immaterial to the Company&#146;s financial condition or results of operations.</font></p> </td> </tr>
<tr>
<td width="6%" valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="6%" valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="4%" valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="5%" valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="78%" valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em">
<a name="toc89606_11"></a><font size="2" face="Times New Roman">Item 2.</font></p> </td>
<td colspan="4" valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman"><u>Changes in Securities</u></font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Not Applicable</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em">
<a name="toc89606_12"></a><font size="2" face="Times New Roman">Item 3.</font></p> </td>
<td colspan="4" valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman"><u>Defaults Upon Senior Securities</u></font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Not Applicable</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em">
<a name="toc89606_13"></a><font size="2" face="Times New Roman">Item 4.</font></p> </td>
<td colspan="4" valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman"><u>Submission of Matters to a Vote of Security Holders</u></font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Not Applicable</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em">
<a name="toc89606_14"></a><font size="2" face="Times New Roman">Item 5.</font></p> </td>
<td colspan="4" valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman"><u>Other Information</u></font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Not Applicable</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em">
<a name="toc89606_15"></a><font size="2" face="Times New Roman">Item 6.</font></p> </td>
<td colspan="4" valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman"><u>Exhibits and Reports on Form 8-K</u></font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">a)</font></p> </td>
<td colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Exhibits:</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">&nbsp;3.1</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">Certificate of Incorporation of OceanFirst Financial Corp.*</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">&nbsp;3.2</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">Bylaws of OceanFirst Financial Corp.**</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">&nbsp;4.0</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">Stock Certificate of OceanFirst Financial Corp.*</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">31.1</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">CEO Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">31.2</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">CFO Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">32.1</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">CEO Certification pursuant to 18 U.S.C. Section 1350 as added by Section 906 of the Sarbanes-Oxley Act of 2002.</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">32.3</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">CFO Certification pursuant to 18 U.S.C. Section 1350 as added by Section 906 of the Sarbanes-Oxley Act of 2002.</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">b)</font></p> </td>
<td colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Reports on Form 8-K</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">The Company filed a report on Form 8-K with the Securities and Exchange Commission on April 28, 2002 which included the press release, dated April 24, 2003, announcing the
Company&#146;s financial results for the quarter ended March 31, 2003.</font></p> </td> </tr> </table> <BR>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td width="3%" valign="top"> <p> <font size="2" face="Times New Roman">*</font></p> </td>
<td width="97%" valign="top"> <p> <font size="2" face="Times New Roman">Incorporated herein by reference into this document from the Exhibits to Form S-1, Registration Statement, effective May 13, 1996, as amended, Registration No.
33-80123.</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="2" face="Times New Roman">**</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">Incorporated herein by reference into this document from the Exhibit to Form 10-K, Annual Report, filed on March 25, 2003.</font></p> </td> </tr> </table> <p align="center"> <font size="2"
face="Times New Roman">15</font></p>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER"> <p align="center">
<a name="toc89606_16"></a> <font size="2" face="Times New Roman"><b>SIGNATURES</b></font></p> <p> <font size="2" face="Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report
to be signed on its behalf by the undersigned, thereunto duly authorized.</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td width="60%" valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="29%" valign="bottom"> <p> <font size="2" face="Times New Roman">O<small>CEAN</small>F<small>IRST</small> F<small>INANCIAL</small> C<small>ORP</small>.</font></p> </td>
<td width="9%" valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman"><b>Registrant</b></font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">DATE:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;August 14, 2003</font></p> </td>
<td valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ J<small>OHN</small> R. G<small>ARBARINO</small></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>John R. Garbarino<br> Chairman of the Board, President<br> and Chief Executive Officer</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="2" face="Times New Roman">DATE:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;August 14, 2003</font></p> </td>
<td valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ M<small>ICHAEL</small> F<small>ITZPATRICK</small></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Michael Fitzpatrick<br> Executive Vice President and<br> Chief Financial Officer</b></font></p> </td>
<td valign="bottom"> <p align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p align="center"> <font size="2" face="Times New Roman">16</font></p>
</BODY></HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31.1
<SEQUENCE>3
<FILENAME>dex311.htm
<DESCRIPTION>CEO CERTIFICATION PURSUANT TO SECTION 302
<TEXT>
<HTML><HEAD>
<TITLE>CEO Certification pursuant to Section 302</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF"> <p align=right> <font size="2" face="Times New Roman">Exhibit 31.1</font></p> <p align="center"> <font size="2" face="Times New Roman"><b>CERTIFICATION PURSUANT TO<br> SECTION 302 OF THE SARBANES-OXLEY ACT OF
2002</b></font></p> <p> <font size="2" face="Times New Roman">I, John R. Garbarino, certify that:</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">1.</font></p> </td>
<td colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">I have reviewed this quarterly report on Form 10-Q of OceanFirst Financial Corp.;</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td colspan="2" valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">2.</font></p> </td>
<td colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of
the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;</font></p> </td> </tr>
<tr>
<td width="4%" valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="4%" valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="88%" valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">3.</font></p> </td>
<td colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition,
results of operations and cash flows of the registrant as of, and for, the periods presented in this report;</font></p> </td> </tr>
<tr>
<td valign="top"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">4.</font></p> </td>
<td colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">The registrant&#146;s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules
13a-15e and 15d-15e for the registrant and have:</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">a.</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">Designed such disclosure controls and procedures or caused such disclosure controls to be designed under our supervision, to ensure that material information relating to the registrant,
including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">b.</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">Evaluated the effectiveness of the registrant&#146;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and
procedures, as of the end of the period covered by this report based on such evaluation; and</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">c.</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">Disclosed in this report any change in the registrant&#146;s internal control over financial reporting that occurred during the registrant&#146;s most recent fiscal quarter (the
registrant&#146;s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting.</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">5.</font></p> </td>
<td colspan="2" valign="top"> <p> <font size="2" face="Times New Roman">The registrant&#146;s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant&#146;s
auditors and the audit committee of registrant&#146;s board of directors (or persons performing the equivalent function):</font></p> </td> </tr>
<tr>
<td valign="top"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">a.</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">All significant deficiencies and material weaknesses in the design or operation of&#160; internal control over financial reporting which are reasonably likely to adversely affect the
registrant&#146;s ability to record, process, summarize and report financial information; and</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">b.</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&#146;s internal control over financial reporting.</font></p>
</td> </tr> </table> <BR>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td width="75%" valign="bottom"> <p><font size="2" face="Times New Roman">Date:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;August 14, 2003</font></p> </td>
<td width="24%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ J<small>OHN</small> R. G<small>ARBARINO</small></font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>John R. Garbarino<br> Chief Executive Officer<br> (principal executive officer)</b></font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table>
</BODY></HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31.2
<SEQUENCE>4
<FILENAME>dex312.htm
<DESCRIPTION>CFO CERTIFICATION PURSUANT TO SECTION 302
<TEXT>
<HTML><HEAD>
<TITLE>CFO Certification pursuant to Section 302</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF"> <p align=right> <font size="2" face="Times New Roman">Exhibit 31.2</font></p> <p align="center"> <font size="2" face="Times New Roman"><b>CERTIFICATION PURSUANT TO<br> SECTION 302 OF THE SARBANES-OXLEY ACT OF
2002</b></font></p> <p> <font size="2" face="Times New Roman">I, Michael J. Fitzpatrick certify that:</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">1.</font></p> </td>
<td colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">I have reviewed this quarterly report on Form 10-Q of OceanFirst Financial Corp.;</font></p> </td> </tr>
<tr>
<td width="4%" valign="top"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="3%" valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="86%" valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">2.</font></p> </td>
<td colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of
the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">3.</font></p> </td>
<td colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition,
results of operations and cash flows of the registrant as of, and for, the periods presented in this report;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">4.</font></p> </td>
<td colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">The registrant&#146;s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules
13a-15e and 15d-15e for the registrant and have:</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">a.</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">Designed such disclosure controls and procedures or caused such disclosure controls to be designed under our supervision, to ensure that material information relating to the registrant,
including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">b.</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">Evaluated the effectiveness of the registrant&#146;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and
procedures, as of the end of the period covered by this report based on such evaluation; and</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">c.</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">Disclosed in this report any change in the registrant&#146;s internal control over financial reporting that occurred during the registrant&#146;s most recent fiscal quarter (the
registrant&#146;s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting.</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="2" face="Times New Roman">5.</font></p> </td>
<td colspan="3" valign="top"> <p> <font size="2" face="Times New Roman">The registrant&#146;s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant&#146;s
auditors and the audit committee of registrant&#146;s board of directors (or persons performing the equivalent function):</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">a.</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the
registrant&#146;s ability to record, process, summarize and report financial information; and</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p style="margin-left:1em; text-indent:-1em"> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">b.</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&#146;s internal control over financial reporting.</font></p>
</td> </tr> </table> <BR>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td width="74%" valign="bottom"> <p> <font size="2" face="Times New Roman">Date:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;August 14, 2003</font></p> </td>
<td align="Left" width="25%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ M<small>ICHAEL</small> F<small>ITZPATRICK</small></font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td align="Left" valign="bottom"> <hr size="1" width="100%" noshade color=black> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td align="Left" valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Michael Fitzpatrick<br> Chief Financial Officer<br> (principal executive officer)</b></font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td align="Left" valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table>
</BODY></HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-32.1
<SEQUENCE>5
<FILENAME>dex321.htm
<DESCRIPTION>CEO CERTIFICATION PUSUANT TO 18 U.S.C. SECTION 1350
<TEXT>
<HTML><HEAD>
<TITLE>CEO Certification pusuant to 18 U.S.C. Section 1350</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF"> <p align=right> <font size="2" face="Times New Roman">Exhibit 32.1</font></p> <p align="center"> <font size="2" face="Times New Roman"><b>CERTIFICATION PURSUANT TO<br> 18 U.S.C. SECTION 1350<br> AS ADDED BY SECTION
906<br> OF THE SARBANES-OXLEY ACT OF 2002</b></font></p> <p><font size="2" face="Times New Roman">In connection with the Quarterly Report of OceanFirst Financial Corp. (the &#147;Company&#148;) on Form 10-Q for the period ending June 30, 2003 as
filed with the Securities and Exchange Commission on the date hereof (the &#147;Report&#148;), I, John R. Garbarino, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. &#167;1350, as added by &#167;906 of the Sarbanes-Oxley Act
of 2002, that:</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td width="4%" valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="4%" valign="top"> <p> <font size="2" face="Times New Roman">1.</font></p> </td>
<td width="92%" valign="top"> <p> <font size="2" face="Times New Roman">The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">2.</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">To my knowledge the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company as of and for the period
covered by the Report.</font></p> </td> </tr> </table> <BR>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td width="66%" valign="bottom"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="23%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ J<small>OHN</small> R. G<small>ARBARINO</small></font></p> </td>
<td width="10%" valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="bottom"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>John R. Garbarino<br> Chief Executive Officer<br> August 14, 2003</b></font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">A signed original of this written statement required by Section 906 has been provided to OceanFirst
Financial Corp. and will be retained by OceanFirst Financial Corp. and furnished to the Securities and Exchange Commission or its staff upon request.</font></p>
</BODY></HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-32.2
<SEQUENCE>6
<FILENAME>dex322.htm
<DESCRIPTION>CFO CERTIFICATION PUSUANT TO 18 U.S.C. SECTION 1350
<TEXT>
<HTML><HEAD>
<TITLE>CFO Certification pusuant to 18 U.S.C. Section 1350</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF"> <p align=right> <font size="2" face="Times New Roman">Exhibit 32.2</font></p> <p align="center"> <font size="2" face="Times New Roman"><b>CERTIFICATION PURSUANT TO<br> 18 U.S.C. SECTION 1350<br> AS ADDED BY SECTION
906<br> OF THE SARBANES-OXLEY ACT OF 2002</b></font></p> <p> <font size="2" face="Times New Roman">In connection with the Quarterly Report of OceanFirst Financial Corp. (the &#147;Company&#148;) on Form 10-Q for the period ending June 30, 2003 as
filed with the Securities and Exchange Commission on the date hereof (the &#147;Report&#148;), I, Michael Fitzpatrick, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. &#167;1350, as added by &#167;906 of the Sarbanes-Oxley Act
of 2002, that:</font></p>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td width="4%" valign="top"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="4%" valign="top"> <p> <font size="2" face="Times New Roman">1.</font></p> </td>
<td width="92%" valign="top"> <p> <font size="2" face="Times New Roman">The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">2.</font></p> </td>
<td valign="top"> <p> <font size="2" face="Times New Roman">To my knowledge the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company as of and for the period
covered by the Report.</font></p> </td> </tr> </table> <BR>
<table align="center" border="0" style="border-collapse:collapse" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td width="66%" valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td width="23%" valign="bottom"> <p align="center"> <font size="2" face="Times New Roman">/s/ M<small>ICHAEL</small> F<small>ITZPATRICK</small></font></p> </td>
<td width="9%" valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <hr size="1" width="100%" noshade color=black> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr>
<tr>
<td valign="top"> <p><font size="1" face="Times New Roman">&nbsp;</font></p> </td>
<td valign="bottom"> <p align="center"> <font size="1" face="Times New Roman"><b>Michael Fitzpatrick<br> Chief Financial Officer<br> August 14, 2003</b></font></p> </td>
<td valign="top"> <p> <font size="1" face="Times New Roman">&nbsp;</font></p> </td> </tr> </table> <p> <font size="2" face="Times New Roman">A signed original of this written statement required by Section 906 has been provided to OceanFirst
Financial Corp. and will be retained by OceanFirst Financial Corp. and furnished to the Securities and Exchange Commission or its staff upon request.</font></p>
</BODY></HTML>

</TEXT>
</DOCUMENT>
</SUBMISSION>
